Yes and no. I expected a massive bull trap but I did not expect the resilience of the rally, particularly in FANG stocks. I missed a lot of profit by being out of the rally.

J. Powell’s recent comments finally put some reality into the markets, but we’ve got a long way to go and I’m afraid new money will continue trying to buy the dips on the way down.

Thanks for reading and thanks for your comment!

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Edward Iftody is a Communication Coach, author of Surviving Work, a veteran of the Canadian fin-tech industry and a blockchain enthusiast.

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